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Friday, 25th April 2008 In Business In Japan,

Record profits for Nintendo

Nintendo's net profits for the last fiscal year have reflected the demand for two of is most successful computer consoles.

The popularity of the Wii, the DS Lite and accompaning games and accessories saw the corporation's profits soar by 47.7 per cent while sales surged 73 per cent in the same period, resulting in a group net profit of 257.34 billion yen (£1.24 billion).

In an official statement the company commented: "Nintendo's strategy is to accelerate the current sales momentum from 'must-have for every family' to 'must-have for everyone'."

Global figures for the year reveal that 18.61 Wii consoles were sold in 2007, while the DS Lite posted sales of 30.31 million units.

New titles for the Wii this spring include Wii Fit and Nintendo favourite Mario's Super Smash Brawl. DS Lite fans can look forward to Ace Attorney: Apollo Justice and an all new Pokemon adventure.

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